revenue bond


: a bond issued by a public agency authorized to build, acquire, or improve a revenue-producing property (such as a toll road) and payable out of revenue derived from such property

Examples of revenue bond in a Sentence

Recent Examples on the Web The state hadn’t passed a tuition revenue bond bill since 2015. Sasha Richie, Dallas News, 15 Sep. 2023 Encinitas will issue lease revenue bonds to cover the $6 million cost to purchase a prime bit of coastal Leucadia real estate and preserve it as open space, the City Council decided Wednesday. Barbara Henry, San Diego Union-Tribune, 21 Sep. 2023 The Gary/Chicago International Airport Authority could save about $100,000 a year by refinancing its 2015 revenue bonds in the current market. Carole Carlson, Chicago Tribune, 14 Sep. 2023 Tuition revenue bonds were not approved then, but were finally approved in 2021. Sasha Richie, Dallas News, 15 Sep. 2023 If approved, details of a state revenue bond would still need to be developed, and that may not happen until next year. Tammy Murga, San Diego Union-Tribune, 3 Sep. 2023 The City-County Council is considering a request for up to $625 million in hotel revenue bonds to fund the construction of the hotel. Claire Rafford, The Indianapolis Star, 15 May 2023 The city approved $625M in hotel revenue bonds to fund the hotel construction. Claire Rafford, The Indianapolis Star, 7 Aug. 2023 Indianapolis Star The Indianapolis City-County Council approved $625 million in hotel revenue bonds for the Signia by Hilton convention center hotel at its meeting Monday night. The Indianapolis Star, 6 June 2023 See More

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'revenue bond.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1856, in the meaning defined above

Time Traveler
The first known use of revenue bond was in 1856

Dictionary Entries Near revenue bond

Cite this Entry

“Revenue bond.” Dictionary, Merriam-Webster, Accessed 4 Dec. 2023.

Legal Definition

revenue bond

see bond sense 2

More from Merriam-Webster on revenue bond

Last Updated: - Updated example sentences
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